RFK Jr. has been a longtime Bitcoin advocate, praising its power to transmute currency inflation as US government debt tops $36 trillion. Robert F. Kennedy Jr captured headlines once again due to earlier remarks the former Presidential candidate made — claiming that he “Put most of his wealth” into Bitcoin (BTC). The former independent candidate...Continue Reading
Bitcoin maintaining above $85,000 improves the price prospects for SOL, AVAX, SUI, and NEAR. Bitcoin (BTC) continued its up move, rallying more than 12.5% this week. It is not that the bears gave up easily. They tried to start a pullback on Nov. 14, but the bulls held their ground. The price has been trading...Continue Reading
The United States government has the highest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet. Wyoming Senator Cynthia Lummis is advocating for the United States Treasury Department to convert a portion of its gold holdings into Bitcoin (BTC) to establish a Bitcoin strategic reserve. Lummis told...Continue Reading
Analysts continue to forecast a Bitcoin price target anywhere between $140,000-$500,000 during the current market cycle. CryptoQuant founder and CEO Ki Young Ju has revised earlier price predictions and is now projecting a $135,000 Bitcoin (BTC) price ceiling, with a 2024 price target of $112,000, in his latest quantitative analysis of Bitcoin’s price action. The...Continue Reading
Bitcoin could still see “healthy cooling” before its trip to $100,000 and above, the latest BTC price analysis says. Bitcoin (BTC) risks “short-term issues” on its route to six figures — including a correction to nearly $70,000. In one of its Quicktake market updates on Nov. 16, onchain analytics platform CryptoQuant said BTC price action...Continue Reading
OP_VAULT is a proposed upgrade to Bitcoin that introduces advanced security features, including multisignature vaults and conditional spending rules via covenants. OP_VAULT is a feature that adds extra security to Bitcoin, helping protect it from theft or unauthorized access. The decentralized nature of Bitcoin has revolutionized the digital economy. Still, as its use grows, so...Continue Reading
The Ethereum network led the week with $67 million in NFT sales, while Bitcoin-based NFTs recorded $60 million in sales over the last seven days. Non-fungible tokens saw a weekly sales volume of $181 million, fueled by significant gains in Bitcoin and other cryptocurrency markets. On Nov. 17, digital collectible data tracker CryptoSlam showed that...Continue Reading
XRP price corrects after a 56% pump to three-year highs above $1.26 as retail traders book profits and tokens move to exchanges en masse. XRP (XRP) soared past the $1 mark on Nov. 16, hitting a three-year high of $1.26 amid anticipation of a favorable regulatory environment for cryptocurrencies and the potential resolution of Ripple’s...Continue Reading
After Elon Musk announced the government agency with the same acronym as Dogecoin’s ticker, the crypto token soared to a yearly high of $0.39. Coinbase CEO Brian Armstrong expressed positive sentiments for the newly created Department of Government Efficiency (DOGE), which billionaire Elon Musk and Vivek Ramaswamy will head. On Aug. 20, United States President-elect...Continue Reading
Macro economist Lyn Alden admits she has been a “polite long-term Ethereum bear,” but she was surprised by Ether’s performance after the United States election. Macroeconomist Lyn Alden, who has admitted she isn’t a big fan of Ethereum, said she was surprised by the cryptocurrency’s weak performance against Bitcoin after a presidential election outcome she...Continue Reading
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